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INVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses In Excess Of $100,000 From Investment In Exxon Mobil Corporation To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit

The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of Texas on behalf of...

The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of Texas on behalf of purchasers of Exxon Mobil Corporation (NYSE: XOM) ("Exxon Mobil" or the "Company") common stock during the period between February 19, 2016 and October 27, 2016, inclusive (the "Class Period"). Investors who wish to become proactively involved in the litigation have until January 6, 2017 to seek appointment as lead plaintiff.

If you wish to choose counsel to represent you and the Class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the Class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Exxon Mobil common stock during the Class Period. Members of the Class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action.

The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants' failure to disclose during the Class Period that Exxon Mobil's internal reports about climate change recognized the environmental risks caused by global warming and climate change, Exxon Mobil knew the risks associated with global warming and climate change, Exxon Mobil would not be able to remove the existing hydrocarbon reserves the Company claimed to have, Exxon Mobil's reserves were stranded and should have been written down, and Exxon Mobil had employed an inaccurate "price of carbon" in evaluating the value of certain of its future oil and gas prospects in order to keep the value of its reserves materially overstated.